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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (59002)	1/25/2000 5:09:00 PM
From: SargeK	Read Replies (1) \| Respond to of 95453

Mouth of Spam's 10 questions Slider: "Simple enough ? - merely the most simple, basic fundamental questions that ANYONE must have the answers too imho; to make even an informed "gamble" on FGH..." As a very recent owner of FGH, I suggest you provide your OWN answers to "the most simple, basic fundamental questions than ANYONE must have the answers too imho; to make even an informed "gamble" on FGH..." Either you can answer the following 10 questions posed by you or you have admitted that you are UNinformed: "1. Will they now show a profit for the qtr, since they settled with Petrodrill and got the extra $ and will not have to take charges, or will they still show a loss for the quarter,if so approx how much of an eps profit, or loss ? 2. Will they stock move up, or down off of the quarterly earnings release and why ? 3. What role does the Petrodrill contract play here ? Is it a must have, gravy ? not an issue ? comments ? 4. Canadaian yard ? What fine will they pay ? Will this be on this qtr ? Will they close it, keep it open, up for sale ? 5. Will ALL the merger charges be in this qtr ? If not, why not - why would they linger on ? 6. IS FGH staying in the shipbuilding buisiness to where they will even be a potential bidder for TDW's contracts for example ? What yards are they closing and what business will they retain, what ones will they be out of ? 7. What is the current qtrly backlog burn rate for FGH and at what point do they reach "zero" without any new orders ? 8. How much of the Petrodrill project have they allready been paid on, or booked as a receiveable ? 9. Why did Dane leave ? 10. give us your 3, 6, 12 mo price target for FGH and perhaps eps estimates for 2000." Except for the questions regarding estimates, I doubt if you can answer one of them. Do you really think I will provide answers SO you can SPIN my response. Since you obviously don't have the answers, I suggest you address them to your Comrade-at-arms, Big Dog, "Broker of the Deal". He'll love you for that! >VBG< Big Dog: "With that said -- almost everything Slider has said is true, in my opinion. But in spite of all that I think JL is going to pull this one out. Time will tell. It's been a great show!" Message 12675978 Comment: I suspect I may be using this quote again, again and again! SargeK